Edition:
United States

Sixth of October Development and Investment Co SAE (OCDI.CA)

OCDI.CA on Cairo Stock Exchange

17.11EGP
18 Mar 2019
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Latest Key Developments (Source: Significant Developments)

Egypt's SODIC FY Consol Net Profit Falls
Thursday, 7 Mar 2019 03:21am EST 

March 7 (Reuters) - SIXTH OF OCTOBER DEVELOPMENT AND INVESTMENT CO SAE ::FY CONSOL NET PROFIT EGP 451 MILLION VERSUS EGP 598.6 MILLION YEAR AGO.FY CONSOL TOTAL OPERATING REVENUE EGP 3.73 BILLION VERSUS EGP 2.29 BILLION YEAR AGO.FY CONSOL PROFIT ATTRIBUTABLE TO SHAREHOLDERS EGP 448.9 MILLION VERSUS EGP 597.1 MILLION YEAR AGO.  Full Article

Egypt's Sodic Expects Net Customers Contract EGP 7.20 Bln In 2019
Sunday, 17 Feb 2019 01:08am EST 

Feb 17 (Reuters) - SIXTH OF OCTOBER DEVELOPMENT AND INVESTMENT CO ::EXPECTS NET CUSTOMERS CONTRACT EGP 7.20 BILLION IN 2019.EXPECTS TO DILIVER 1,151 UNITS WORTH ABOUT EGP 5.15 BILLION IN 2019.PLANS INVESTMENTS OF ABOUT EGP 5.17 BILLION IN 2019.  Full Article

Egypt's SODIC Updates On Mandatory Purchase Offer For Medinet Nasr
Sunday, 13 Jan 2019 03:20am EST 

Jan 13 (Reuters) - SIXTH OF OCTOBER DEVELOPMENT AND INVESTMENT CO ::REQUESTS FRA TO EXTEND TIME LIMIT TO MAKE MANDATORY PURCHASE OFFER FOR SHARES OF MEDINET NASR FOR HOUSING AND DEVELOPMENT UPTO 60 DAYS.  Full Article

Egypt's Sodic Q3 Consol Profit Rises
Sunday, 16 Dec 2018 01:24am EST 

Dec 16 (Reuters) - SIXTH OF OCTOBER DEVELOPMENT AND INVESTMENT CO ::NINE-MONTH CONSOL NET PROFIT EGP 612.9 MILLION VERSUS EGP 507.7 MILLION YEAR AGO.Q3 CONSOL NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS EGP 238.9 MILLION VERSUS EGP 166.5 MILLION YEAR AGO.Q3 CONSOL TOTAL REVENUE EGP 909.5 MILLION VERSUS EGP 583.8 MILLION YEAR AGO.  Full Article

Madinet Nasr Updates On Sodic Settlement Agreement of EGP 800 Mln
Sunday, 9 Dec 2018 05:57am EST 

Dec 9 (Reuters) - MADINET NASR FOR HOUSING AND DEVELOPMENT ::UPDATES ON SODIC ANNOUNCEMENT REGARDING EGP 800 MILLION SETTLEMENT AGREEMENT.SAYS CO STILL INTERESTED TO COMPLETE DEAL WITH SODIC, WILL STUDY AND EVALUATE IMPACT OF THE SETTLEMENT ON SWAP FACTOR.SAYS SODIC SETTLEMENT HAS NO POTENTIAL IMPACT ON CO OR ITS FINANCIAL POSITION.  Full Article

Egypt's Sodic Expects 2018 Contracts Of Around EGP 6.5 Bln
Wednesday, 24 Oct 2018 03:51am EDT 

Oct 24 (Reuters) - SIXTH OF OCTOBER DEVELOPMENT AND INVESTMENT CO ::BOARD APPROVES ISSUED CAPITAL INCREASE BY EGP 27.5 MILLION.EXPECTS 2018 CONTRACTS OF AROUND EGP 6.5 BILLION.  Full Article

Egypt's Sodic Q1 Consol Profit Edges Up
Wednesday, 16 May 2018 03:44am EDT 

May 16 (Reuters) - SIXTH OF OCTOBER DEVELOPMENT AND INVESTMENT CO ::Q1 CONSOL NET PROFIT 212.1 MILLION VERSUS EGP 212 MILLION YEAR AGO.Q1 CONSOL TOTAL REVENUE EGP 512.1 MILLION VERSUS EGP 703.5 MILLION YEAR AGO.  Full Article

Egypt's Sodic Q3 profit rises
Wednesday, 15 Nov 2017 02:45am EST 

Nov 15 (Reuters) - SIXTH OF OCTOBER DEVELOPMENT AND INVESTMENT CO SAE ::Q3 CONSOL NET PROFIT AFTER MINORITY INTEREST EGP 166.5 MILLION VERSUS EGP 108.1 MILLION YEAR AGO.Q3 CONSOL TOTAL REVENUE EGP 583.8 MILLION VERSUS EGP 531.5 MILLION YEAR AGO.NINE-MONTH CONSOL NET PROFIT EGP 507.7 MILLION VERSUS EGP 266.5 MILLION YEAR AGO.  Full Article

Egypt's SODIC signs another MoU to secure plot
Sunday, 1 Oct 2017 01:44am EDT 

Oct 1 (Reuters) - SIXTH OF OCTOBER DEVELOPMENT AND INVESTMENT CO :SIGNS ANOTHER MOU TO SECURE PLOT TO DEVELOP AN AREA OF ABOUT 300 FEDDAN IN NORTHERN COAST IN PARTNERSHIP WITH OWNER.  Full Article

Egypt's SODIC Q2 consol profit rises
Thursday, 17 Aug 2017 04:00am EDT 

Aug 17 (Reuters) - SIXTH OF OCTOBER DEVELOPMENT AND INVESTMENT CO ::Q2 CONSOL NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS EGP 129.8 MILLION VERSUS EGP 97 MILLION YEAR AGO.Q2 CONSOL TOTAL REVENUE EGP 469.9 MILLION VERSUS EGP 436.7 MILLION YEAR AGO.H1 CONSOL NET PROFIT EGP 341.5 MILLION VERSUS EGP 158 MILLION YEAR AGO.  Full Article